China’s Horizon Robotics readied to fee shares at high of selection to raise $696 million in Hong Kong Initial Public Offering, assets state

(Reuters) – Chinese impartial driving firm Horizon Robotics has really valued its shares at HK$ 3.99 every, the highest of its selection, to raise $696 million in a going public in Hong Kong, in response to 2 assets with straight understanding of the difficulty.

The assets cannot be referred to as speaking about secret data.

Horizon Robotics decreased to speak about its Initial Public Offering costs.

(Reporting by Scott Murdoch in Sydney and Kane Wu in Hong Kong; Editing by Jamie Freed)